$RAVE is catching aggressive short-side pressure as multiple liquidations fire back-to-back, hinting at rising demand stepping in on every dip. The tape shows increasing buy-side absorption, with volume slowly building as shorts lose control of the intraday trend.

Key Levels:

Support: $0.635 — $0.642 zone

Resistance: $0.655 then $0.670

Trend: Mild bullish short-squeeze momentum building.

Trade Idea:

If price holds above $0.642 support and liquidity continues to unwind, then a retest of $0.655–$0.670 is likely.

If price loses $0.635, momentum stalls and intraday reversal risk increases.

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